Price index Year (1982=100) Nominal GDP 1984 107.7 $3,772 billion 1985 110.9 $4,015 billion 1986 113.8 $4,232 billion a. What was the percent increase in prices i. in 1985? ii. in 1986? b. What was the percent increase in nominal GDP i. in 1985? ii. in 1986? c. "Hmmm...," you're chuckling, "before I hit the sack, I'd like to know how much of that rising GDP is pure inflation and how much growth in real GDP." i. Calculate real GDP (in 1982 dollars) in 1984, 1985, and 1986. ii. What was the percentage increase in real GDP during 1985? 1986?